Few things went right for chip giant Intel (NASDAQ: INTC) in the fourth quarter. In the PC market, a dramatic tumble in demand that played out in the second half of 2022 transformed component shortages into gluts. Intel shipped PC central processing units (CPUs) at a rate that was about 10% below consumption throughout 2022, with that gap expanding in Q4 and expected to further widen in Q1 2023.
Today's video focuses on Intel's (NASDAQ: INTC) earnings report and how it might affect Advanced Micro Devices (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA). Is Intel's problem isolated, or should semiconductor investors be worried? Check out the short video to learn more, consider subscribing, and click the special offer link below.
Yahoo Finance Live anchors discuss the decline in stock for Intel.